Sharad Industrial Products Private Limited

Distributes bearing material and related products, authorized distributor of SKF India Ltd.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Sharad Industrial Products Profile

Key Indicators

  • Authorised Capital ₹ 1.32 Cr
  • Paid Up Capital ₹ 1.31 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.70 Cr
  • Satisfied Charges ₹ 9.60 Cr
  • Revenue Growth 3.98%
  • Profit Growth -1.51%
  • Ebitda -9.55%
  • Net Worth 18.79%
  • Total Assets -0.03%

About Sharad Industrial Products

Sharad Industrial Products Private Limited (SIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2007 and has a history of 17 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.32 Cr and a paid-up capital of Rs 1.31 Cr.

The company currently has active open charges totaling ₹3.70 Cr. The company has closed loans amounting to ₹9.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shailesh Jayantibhai and Bijal Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sippl.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31900GJ2007PTC050696

  • Company No.

    050696

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Sharad Industrial Products Private Limited offer?

Sharad Industrial Products Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Roller Bearings, Thrust Bearings, Oils, Grease & Lubricants, Lubricants, Pliers, Screwdrivers & Hammers, Spanners, Ball Bearing Assemblies & Components, Bearing Rollers, Cylindrical Roller Bearing.

Who are the key members and board of directors at Sharad Industrial Products?

Board Members (2)

NameDesignationAppointment DateStatus
Shailesh Jayantibhai Country flag representing In Director 30-Apr-2007Current
Bijal Shah Country flag representing In Director 31-May-2022Current

Financial Performance of Sharad Industrial Products.

Sharad Industrial Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.98% increase. The company also saw a slight decrease in profitability, with a 1.51% decrease in profit. The company's net worth Soared by an impressive increase of 18.79%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.98%
Revenue from Operations
3.93%
Total Assets
-0.03%
Profit or Loss
-1.51%
Net Worth
18.79%
EBITDA
-9.55%

What is the Ownership and Shareholding Structure of Sharad Industrial Products?

In 2023, Sharad Industrial Products had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.70 Cr

Satisfied Charges

₹9.60 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 3.70 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2016Standard Chartered Bank₹2.00 MOpen
08 Sep 2010Standard Chartered Bank₹3.50 CrOpen
19 Feb 2015Hdfc Bank Limited₹3.50 CrSatisfied
19 Feb 2015Hdfc Bank Limited₹2.00 CrSatisfied
27 Dec 2007Citibank N. A.₹1.80 CrSatisfied

How Many Employees Work at Sharad Industrial Products?

Sharad Industrial Products has a workforce of 15 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sharad Industrial Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sharad Industrial Products's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sharad Industrial Products

Recent activity within the organization

  • Annual General Meeting

    Sharad Industrial Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sharad Industrial Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 3.50 Cr registered on 08 Sep 2010 with Charge ID 10245338 was modified on 15 Mar 2023.

    15 Mar 2023

  • Director Appointment

    Bijal Vinodchandra Shah was appointed as a Director was appointed as a Director on 31 May 2022 & has been associated with this company since 2 years 8 months .

    31 May 2022

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.20 Cr with Charge ID 100056391 was registered on 30 Jul 2016.

    30 Jul 2016

  • Charges

    A charge registered on 19 Feb 2015 via Charge ID 10550733 with Hdfc Bank Limited was fully satisfied on 08 Oct 2015.

    08 Oct 2015

Frequently asked questions

  • Sharad Industrial Products Private Limited was incorporated on 30 Apr 2007.

  • The authorized share capital of Sharad Industrial Products Private Limited is ₹ 1.32 Cr and paid-up capital is ₹ 1.31 Cr.

  • Currently 2 directors are associated with Sharad Industrial Products Private Limited.

    • Shailesh Patel Jayantibhai
    • Bijal Vinodchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharad Industrial Products Private Limited is 1St Floor Neelmani Chambers B/H Sales India Income Tax, Ashram Road India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Sharad Industrial Products Private Limited is U31900GJ2007PTC050696 and the company number is 050696 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharad Industrial Products Private Limited is https://www.sippl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharad Industrial Products Private Limited has risen by 3.98%.

  • As Per 2023 financial reports, 15 employees are currently employed by Sharad Industrial Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharad Industrial Products Private Limited has experienced an upsurge of 18.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharad Industrial Products Private Limited amount to ₹ 3.70 Cr.

  • The most recent Balance Sheet for Sharad Industrial Products Private Limited was filed with the ROC on 31 Mar 2023.

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